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Stulce Inc. produces joint products A, B, and C from a joint process. Information concerning a batch produced in May at a joint cost of

Stulce Inc. produces joint products A, B, and C from a joint process. Information concerning a batch produced in May at a joint cost of $120,000 was as follows:

A B C Total

Units Sold 2,500 4,000 1,500 8,000

Price(after add'l processing) $35 $22 $15

Separable Processing cost $35,000 $12,000 $16,000 $63,000

Units Produced 2,500 4,000 1,500 8,000

Total Joint Cost $120,000

Sales Price at Split-off $25 $12 $13

Required: (Calculate all ratios, percentages, and unit costs to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar.): 1. Determine the unit cost and gross profit for each product assuming that the joint cost is allocated using the physical measure method. 2. Determine the unit cost and gross profit for each product assuming that the joint cost is allocated using the net realizable method. 3. Determine the unit cost and gross profit for each product assuming that the joint cost is allocated using the sales value at the split-off method.

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